Category: Lawyers

Over the past several years, many major companies out there have decided that it is simply not worth it for them to offer stock options to their employees as incentives, mostly to save themselves money. Though, there are other reasons beneath that complicate things as well that have caused companies to discontinue stock benefits. Jeremy Goldstein is making efforts to work out a compromise for possible incentives.

One of the problems with stock options is the fact that stock price goes up and down along with the company’s stock value. On top of this, there is a huge accounting burden that is laid down when dealing with many stock options, according to Jeremy Goldstein. Also, in many cases, employees find that they would rather have the higher wages overall each week instead of having accounting fees attached to stock options. Some newer employees respond well to stock options, but the majority aren’t really pleased with stock options as an incentive anymore, as there is always an uncertainty in the stock market. The flipside of the coin is that if a company’s stock value continues to increase, so does the stock option compensation given to employees. This would be a big motivator for employees to increase their productivity.

Jeremy Goldstein is currently the head of Jeremy L. Goldstein & Associates in New York. This law firm provides professional legal and advisory services to their clients consisting of CEO’s, management teams, governance matters, officials, and corporate matters. Jeremy Goldstein worked at another prestigious law firm before founding his own known as Wachtell, Lipton, Rosen & Katz. Today, he has built up a considerable amount of experience dealing with corporate transactions and has been involved in some of the biggest company deals over the past ten years. Alongside his legal work, Jeremy also speaks at various events to share his knowledge to youth, giving his insights into business and law. Over the years, Jeremy has represented many major corporations with great success. Jeremy’s academic background ended with him earning his J.D. from New York University School of Law. He has also earned degrees from Cornell University and the University of Chicago, adding to his decorated academic accomplishments. Learn more: https://corpgov.law.harvard.edu/contributor/jeremy-goldstein/